[ad_1] Wall Street analysts say Lyft has no excuses for its poor guidance. Lyft shares fell more than 30% during Friday premarket trading as traders weighed a weaker-than-expected forecast from…
Tag: UBER
Lyft’s Defensive Driving Stalls Out
[ad_1] Having focused heavily on profits, ride-hailer Lyft is now getting beaten by rival Uber at its own game. [ad_2] Source link
Uber beats estimates and the stock is up
[ad_1] Uber reported fourth-quarter earnings Wednesday that beat analysts’ estimates. Shares were up more than 6% in premarket trading. Here’s how the company did: Earnings per share: 29 cents vs.…
Stocks making the biggest moves premarket: Uber, Chipotle, Microsoft, Lumen and more
[ad_1] Check out the companies making headlines in premarket trading. Uber said it is “currently responding to a cybersecurity incident” after reports that a hacker compromised its systems. Rafael Henrique…
Stocks Poised for Losses, Treasury Yields Rise
[ad_1] Futures pointed to further losses for U.S. stocks, after strong jobs data last week raised the prospect of more rate increases by the Federal Reserve. [ad_2] Source link
Why Lyft Is Headed for Its Own Recession
[ad_1] The ride-hailer’s fundamentals show its rebound is likely to stall as the new year progresses. [ad_2] Source link
New York City will require Uber and Lyft to go 100 percent electric by 2030
[ad_1] In his State of the City speech Thursday, New York City Mayor Eric Adams announced that Uber and Lyft will be required to be zero emission by 2030. The…